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Tuesday, June 19, 2012

Financial Struggles

Interesting news report out on gloom and doom for many folks.  I believe that this is true for those who are living beyond their means.  There is no question that inflationary influences are kicking in on food prices as well as basic materials as global demand is rising for these items.  For military families, it is wise to learn to cook, budget and reduce spending as commissary prices though decent will take a big bite out of military household budgets. 

Working Americans struggle to stay on top of things. With median hourly wages lower in 2011 than 10 years earlier, many are finding that their salaries can't keep up with expenses, especially for those whose hours have been cut as well. The NYT collects anecdotal evidence of how Americans are suffering, whether it's those that want to work longer hours, or those that can't find jobs related to their degrees.

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